Do you know a lot of people who you think you could sell insurance products to? Individuals or business owners. Do you think they like you and trust you - all the people you know - so that they would want to buy from you. Do you ant to sell to them?

Do you like selling? Do you like prospecting, going out trying to sell a product, probably cold calling some.

Do you believe in insurance? Do you own some yourself? Do you think it is something everyone should have?

I have a buddy that pretty much answers no to all of those and has been doing it for 5 years off and on (along with other things) and doesn't make but about $5k a year and is broke.

I would say 95% of people that sell insurance do not make a good living.

If you are one of the few that can do it though, it is an easy life as most of your money is made from residuals eventually that you earned years ago.

GoCrazyAuburnAuburn FanStaring up at Vulcan's assMember since Feb 201017403 posts

re: Insurance sales? Good bad or okay career?(Posted by GoCrazyAuburn on 2/20/13 at 3:37 pm to sms151t)

Sure. It never hurts to talks to more people in the business, but they will probably tell you the same thing.

It really is a Rewarding career. You reay help the people in your community, and help get them through some of the toughest times in their lives. You get a lot of flexibility as far as your schedule is concerned and each day is different.

The downside is you are working commissions more than likely, and that can be really hard. It is easy to get burned out in as well, and you will lose all your friends (not really, they will just stop answering your calls because they figure you are calling about work )

re: Insurance sales? Good bad or okay career?(Posted by slinger1317 on 2/21/13 at 9:21 am to sms151t)

I would advise against it because you become the guy all your friends talk about behind your back. My first few years out of college I was getting calls from people I vaguely remember from school wanting to "go to lunch."

Basically the Insurance company hires you to try to sell all of your friends, then in a few years when you give up the career, your friends are still buying insurance from their company.

re: Insurance sales? Good bad or okay career?(Posted by RickAstley on 2/21/13 at 10:34 am to sms151t)

It really depends on how you feel about what you will be doing. One of my fraternity brothers and my step brother both started out selling life insurance. Within 8 months my step brother quit and found work elsewhere because he hated it so much. My fraternity brother is still working there and climbing up within his team. He has seen a large amount of success, and his personality is perfect for going home to home doing presentations. He travels across the U.S. a fair amount going to meetings and discussing ideas

quote:I would advise against it because you become the guy all your friends talk about behind your back. My first few years out of college I was getting calls from people I vaguely remember from school wanting to "go to lunch." Basically the Insurance company hires you to try to sell all of your friends, then in a few years when you give up the career, your friends are still buying insurance from their company. My advice is don't be the guy that bugs the crap out of your friends.

100% Pure horseshite, I've sold insurance and other financial products for over a decade, and I have never once approached a friend or relative for the purpose of solicitation. They've approached me, and I've enrolled them, but they had to approach me.

And, there's this awesome thing in the insurance world called "Residuals". Look it up. So even if I do decide to get out of this career, I'm still getting paid.

I receive checks once a month for work I did over 10 years ago, suck on that.

Just because you had a bad experience selling insurance or with one of your buddies who sold insurance, doesn't mean every agent/broker/company acts that way. You have no idea what the hell you're talking about.

I'm not going to advise the OP to not do insurance sales, but at least the company that hired my step brother, and buddy to sell life insurance, did similar to what slinger1317 was saying. In order for them to build their market and confidence, they were advised to seek out friends and family to present to and work on building a working clientele base. That rubbed some of us the wrong way when they would call and have a normal conversation then turn it into a "Are you or your parents interested in buying life insurance?" or "Do you have any relatives or friends that need life insurance?"

quote:I'm not going to advise the OP to not do insurance sales, but at least the company that hired my step brother, and buddy to sell life insurance, did similar to what slinger1317 was saying. In order for them to build their market and confidence, they were advised to seek out friends and family to present to and work on building a working clientele base. That rubbed some of us the wrong way when they would call and have a normal conversation then turn it into a "Are you or your parents interested in buying life insurance?" or "Do you have any relatives or friends that need life insurance?"

If I had been encouraged to pitch friends and relatives early on, it would have rubbed me the wrong way too. I guess I was fortunate to be trained by a company that values personal relationships, and actually taught me how to sell, not how to be a scavenger or get "low hanging fruit".

I own a firm so send me a message and I will answer any question you have and give you information to take to any prospective employer. This career is great and comes with a lot of freedom. At the end of the day you are either improving the lives of others or doing them a detriment by putting them into a product that isn't suited for them. Bad sales techniques and loading friends up with products to earn a living will be short lived. Again send PM and will be happy to help you.